Research
March 5, 2026
The prestige sector is seeking to adapt to the hyper-personalized needs of its customer base. Image credit: Deloitte
By Zach James
While macroeconomic forces play out, the majority of luxury leaders are optimistic about the industry’s future, according to the latest findings from consulting firm Deloitte.
{"ct":"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","iv":"8da17016ca3ee2cf404c5780654e061a","s":"7cc995a440deb9d5"}
Share your thoughts. Click here